Comparative Economic Studies

TABLE 2

FROM:

Institutions Matter in Transition, But So Do Policies

Oleh Havrylyshyn and Ron van Rooden

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Table 2. Basic regression results

 Dependent variable: GR
 (1)(2)(3)(4)(5)(6)(7)
INFL-0.35-0.40-0.55-0.35-0.54-0.35-0.99
 (-5.16)(6.12)(-7.78)(-5.14)(-7.74)(5.16)(-10.59)
RI-32.79-41.10 -32.41 -33.37 
 (-6.91)(-7.53) (-6.95) (-6.86) 
RI-125.0032.04 24.83 25.39 
 (3.97)(4.46) (4.01) (3.98) 
RI-212.7914.17 12.11 12.47 
 (4.34)(4.42) (4.11) (4.01) 
IC1-1.83 -1.91-1.40-2.10-1.760.33
 (-3.95) (-3.14)(-2.34)(-2.53)(-3.70)(0.57)
IC2-2.38 -1.63-2.82-1.32-2.37-2.26
 (-4.43) (-2.02)(-4.75)(-1.24)(-4.35)(-3.06)
FRpol   0.25-0.12  
    (1.34)(-0.41)  
EUR     0.030.43
      (0.31)(7.04)
Adj.R 2 0.700.620.210.730.210.690.38
N 168168192168192168192

  t-values in parentheses.

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